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camp panama, i describe in the article, a u.s. customs official calling it one of the filthiest money laundering sinks in the world. this is not -- we're not talking here about u.s. investors breaking u.s. tax -- we are talking about foreigners cloaking their money in these offshore structures and the money coming in. and that just raises an awful lot of questions. you know, did those investors break their own country tax laws? are they committing tax evasion in those countries? el salvador was certainly one of the countries where a lot of those investors were coming from. you know, that was a country torn apart by class warfare and military conflict. you know, this kind of thing about tax evasion can, you know, is sort of a symptom of the kind of impunity of the elite of these countries. it raises a very sort of nasty set of questions about, you know, was that a vehicle for foreign tax evading money? there's been a lot of that, you know, not just with bain capital. many companies. bain capital is not required by u.s. law to check
camp panama, i describe in the article, a u.s. customs official calling it one of the filthiest money laundering sinks in the world. this is not -- we're not talking here about u.s. investors breaking u.s. tax -- we are talking about foreigners cloaking their money in these offshore structures and the money coming in. and that just raises an awful lot of questions. you know, did those investors break their own country tax laws? are they committing tax evasion in those countries? el salvador was...
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Jul 19, 2012
07/12
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some of the most secretive of business laws exist there in panama. does that story prove the president's points, that business leaders don't come by successful initiatives on their own? >> well, i think certainly not, tom. i think the recent polls you've cited have shown that the president's false attacks on mitt romney aren't working right now and the people care about the economy. i want to turn to your point about the context of the president's you didn't build that remark. there was a good article by phil klein this morning saying that the contextually made that comment worse. if you look at the whole speech and what he's arguing, it's that the way that we're going to fix this economy, the way that we're going to get out of this ditch is through more government and not by unleashing the private sector. his argument was that people, small business owners, you're not that smart, you didn't work that hard, you didn't earn that. it happened because of the government. that's the wrong way to look at our economy right now. it's shown over the last thre
some of the most secretive of business laws exist there in panama. does that story prove the president's points, that business leaders don't come by successful initiatives on their own? >> well, i think certainly not, tom. i think the recent polls you've cited have shown that the president's false attacks on mitt romney aren't working right now and the people care about the economy. i want to turn to your point about the context of the president's you didn't build that remark. there was a...
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Jul 13, 2012
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with the bushes, there was one particular ride, i think it was in panama city, but when the bush boys got in the back of the president's limo and they were talking, and every time -- you can't be alone with jeb bush for five minutes where he doesn't bring up the greatest man he's ever known. and then he starts talking about his dad. they would veer him away from the screen. they wou they revere him when nobody is looking, and what better judgment of a man that what his kids have to say about him when nobody is looking. >> that's absolutely true. in fact, the grandchildren do as well, and what's really interesting is barbara bush says that the family, because of the political life, the family was drawn closer together. >> well, there are two things, joe. you're exactly right. one is he was -- president bush was known as half-half when he was a kid because he would always -- if he had a dessert, he would say have half with whoever he was with. and he always said his greatest achievement is his kids still come home. >> yeah. that's a big one. >> your piece says family matters, and that's
with the bushes, there was one particular ride, i think it was in panama city, but when the bush boys got in the back of the president's limo and they were talking, and every time -- you can't be alone with jeb bush for five minutes where he doesn't bring up the greatest man he's ever known. and then he starts talking about his dad. they would veer him away from the screen. they wou they revere him when nobody is looking, and what better judgment of a man that what his kids have to say about...
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panama dictator manuel noriega was sentenced for drug trafficking in miami on the peril of the cia and graduate of the school of america as noriega has become notorious for representing representing one of the most serious foreign policy failures for the united states and as the us is a war on drugs drags into its fourth decade it looks like a little has actually been achieved and the crackdown violence rages on in latin america that a man for drugs still remains and while brutal drug cartels stay in power u.s. prisons are filling up with nonviolent drug offenders so what will it take for the u.s. to change its failed foreign policy and latin america and rethink the war on drugs to discuss this nico he's the field organizer for the school of americas watch he joined us earlier today take a lesson. the men will know diego was trained at the u.s. army school of the americas which is a military training institution for latin american officials and soldiers it was actually set up in one hundred forty six in panama later was moved in one thousand nine hundred eighty two to four benning geor
panama dictator manuel noriega was sentenced for drug trafficking in miami on the peril of the cia and graduate of the school of america as noriega has become notorious for representing representing one of the most serious foreign policy failures for the united states and as the us is a war on drugs drags into its fourth decade it looks like a little has actually been achieved and the crackdown violence rages on in latin america that a man for drugs still remains and while brutal drug cartels...
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Jul 19, 2012
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the times says quote, most of the foreign investors' money came through corporations registered in panama. then known for tax advantages and unusual banking secrecy. but it didn't matter to romney where the money was coming from, he knew there was little risk to him in starting his investment fund. he was assured by his boss bill bain back in 1984 that starting up bain capital would be a non-risk prospect for romney. ezra klein at the washington post writes, romney would get his old job and salary back plus any raises he would have earned during his absence. and bain promised that if necessary he would craft a cover story saying that romney's return to bain and company was needed because of his value as a consultant. so there was no professional or financial risk. no professional or financial risk. that's the kind of security that's denied to most americans. there's also news today undercutting romney's claim that he left bain back in 1999 to run the salt lake city olympics. >> i had no association with the banishment of bain capital after february of 1999. that's when i left the firm. i'
the times says quote, most of the foreign investors' money came through corporations registered in panama. then known for tax advantages and unusual banking secrecy. but it didn't matter to romney where the money was coming from, he knew there was little risk to him in starting his investment fund. he was assured by his boss bill bain back in 1984 that starting up bain capital would be a non-risk prospect for romney. ezra klein at the washington post writes, romney would get his old job and...
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called our man in panama manuel noriega was on the cia payroll that he said from one thousand nine hundred six until his ouster by the us invasion in one thousand nine hundred nine and little has changed since then the us army school the americas has consistently graduated the worst human rights violators and eleven at least eleven dictators in latin america and what we as the school americas watch are saying is what is the purpose behind the training of these human rights violators who keep popping up from argentina. general be there was just sentenced for for kidnapping babies you know in colombia every drug traffickers a lot of the major generals were just recently cited as being in the payroll of the north the drug cartel. in mexico we're seeing the same thing as well the u.s. continues to prop up these human rights violators and the continues and as you just had mentioned this school graduates a lot of these people that end up being dictators and human rights violators of what is it about the school of america as that kind of pops out these these graduates that end up committing these
called our man in panama manuel noriega was on the cia payroll that he said from one thousand nine hundred six until his ouster by the us invasion in one thousand nine hundred nine and little has changed since then the us army school the americas has consistently graduated the worst human rights violators and eleven at least eleven dictators in latin america and what we as the school americas watch are saying is what is the purpose behind the training of these human rights violators who keep...
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size fits all rules and and this is true of all these agreements the colombia free trade agreement the panama of all these various sorts of gold and the model. keeps getting worse and worse so for instance at the time i read now after i thought i've never seen anything more crazy because it's even worse than w t o is even more extreme and then comes along calf and it's even worse then you look at t p p and there are chapters in there there's one called regulatory coherence which is to harmonize all the regulatory systems of the countries involved so it just takes us down to the level of vietnam for example or . vietnam tested chapter i there's a partial secrets but that is the industry go they want one set of global standards that are lower for the whole world and this is a lot of people this this deal was not about trade this is church it's shows that the number of the g.d.p. of the of the t.p.d. nations that are involved with this you see that everybody can see it australia singapore chile peru. i allays you new zealand view this is this is mind boggling amount of money but what's really in
size fits all rules and and this is true of all these agreements the colombia free trade agreement the panama of all these various sorts of gold and the model. keeps getting worse and worse so for instance at the time i read now after i thought i've never seen anything more crazy because it's even worse than w t o is even more extreme and then comes along calf and it's even worse then you look at t p p and there are chapters in there there's one called regulatory coherence which is to harmonize...
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Jul 19, 2012
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capital came from foreign investors and the money actually came through corporations regist registered in panama which actually gave very preferential tax treatment. you didn't have to pay a whole lot of taxes. and so this story actually highlights the nebulous world of offshore accounts, tax perks for very wealthy folks that have been dogging mitt romney and his campaign now for a couple of weeks. >> there's the headline there of the article that you just mentioned, bain capital started with help of offshore investors. we should note here, of course, the romney campaign responding today, their response, here it is in part, quote, president obama's own jobs council advocating more foreign direct investment in the u.s. to help grow the economy, something president obama himself has been unable to do, as illustrated by the recent downgrades in gdp forecast. how these investors chose to invest is their decision, not bain capital's. do you think, mark murray, do you think any of this adds fuel to the fire over romney's tenure at bai? >> you know, craig, i think the danger for romney campaign is ther
capital came from foreign investors and the money actually came through corporations regist registered in panama which actually gave very preferential tax treatment. you didn't have to pay a whole lot of taxes. and so this story actually highlights the nebulous world of offshore accounts, tax perks for very wealthy folks that have been dogging mitt romney and his campaign now for a couple of weeks. >> there's the headline there of the article that you just mentioned, bain capital started...
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releases more tax returns most of the foreign investors money came through corporations registered in panama this is romney says two years worth of tax returns is quite enough for public consumption the website of the salt lake games listed me. romney is the founder and president c.e.o. of bain capital. now yesterday i pointed out that this is one of those very rare occasions in fact maybe the only occasion where the mainstream media actually acts like they care about transparency show us the tax returns what are you trying to hide and i also pointed out a number of stories yesterday that involve national security wiki leaks targeted killings and drones things that can be politically polarizing as cable networks always seem to shy away from approaching with any critique if they even touch upon them at all but if we're going to stick on this tax return thing but i just can't understand why they're not picking up on the latest story coming out from mcclatchy see one of the things we've seen a lot of since romney announced that he wouldn't be turning over more of his tax returns is pundits goin
releases more tax returns most of the foreign investors money came through corporations registered in panama this is romney says two years worth of tax returns is quite enough for public consumption the website of the salt lake games listed me. romney is the founder and president c.e.o. of bain capital. now yesterday i pointed out that this is one of those very rare occasions in fact maybe the only occasion where the mainstream media actually acts like they care about transparency show us the...
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Jul 19, 2012
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this is all talking about the fact that now reports have shown how bain was started by panama money, foreign money sources. is this a legitimate argument to have? >> it's all legitimate because it gets to who these people are, how they made their money. how they could possibly run things as president. but look, mitt romney is whacking away at president obama's achilles heel, which is jobs. the weak economy and the fact that jobs just aren't growing as fast as the american people would like. president obama is whacking away at mitt romney's achilles heel over the tax issue, over his lack of disclosure and you know, i agree with susan that there will be a reset button hit strategically advantageously for mitt romney. but i say ultimately, this tax return issue is an issue that's not going to go away. it just isn't. if the romney campaign doesn't do something before the debates, he's going to get whacked really, really hard. because this gets to -- the overall issue of transparency. whether you can trust the person who you are hoping -- who is asking you for your vote, that he's being t
this is all talking about the fact that now reports have shown how bain was started by panama money, foreign money sources. is this a legitimate argument to have? >> it's all legitimate because it gets to who these people are, how they made their money. how they could possibly run things as president. but look, mitt romney is whacking away at president obama's achilles heel, which is jobs. the weak economy and the fact that jobs just aren't growing as fast as the american people would...
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forget he's also saying side three other trade agreements just at the end of last year with south korea panama and colombia on top of that members of congress are hinting at the next free trade agreement might be with tunisia and there's plenty of debate to be had as to whether or not free trade agreements are good or bad or whether outsourcing is good or bad are inevitable in a globalized economy and we're going to get into that during our first panel tonight but before we get there can we just say let's cut the crap let's stop only thinking in terms of left versus right and see what's actually in front of our eyes while mitt romney and barack obama certainly have their differences both of these men support free trade policies that do impact american workers and take more jobs abroad neither one is really. a champion for the american worker in those terms i'm happy that we could inject that into the discussion on sunday's show which by the way we will talk more about later on its night's program since as usual some people were just besides themselves that i a russian propagandist was allowed
forget he's also saying side three other trade agreements just at the end of last year with south korea panama and colombia on top of that members of congress are hinting at the next free trade agreement might be with tunisia and there's plenty of debate to be had as to whether or not free trade agreements are good or bad or whether outsourcing is good or bad are inevitable in a globalized economy and we're going to get into that during our first panel tonight but before we get there can we...
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Jul 6, 2012
07/12
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i'm not in favor of the panama trade deal why? because panama is a giant tax haven. that's probably why mitt romney loves it. who does it help? not you. do you have a tax shelter in panama welcome unless you're a giant multimillion international corporation, i doubt it. he's not done yet. he'll talk about his tax plan. gee, i wonder who this helps. >> i'll bring down the corporate tax rate from 35% to 25%. and individual tax rate, 20% across the board. >> cenk: once again that would help the giant corporations and the really really rich. it would add $600 billion to the deficit. that is almost all going to the rich. i thought you were going to balance the budget, no you're increasing the budget. the corporate taxes in 2011 were at a 40-year low. they're at tax rate of 12.1%. how low can you make them? mitt romney will give it a shot. do you think that would help you? it's not going to help you. if that would help, it would have helped under bush. mitt romney's campaign is not designed to help you. it's designed to help the people who are funding mitt romney's campaig
i'm not in favor of the panama trade deal why? because panama is a giant tax haven. that's probably why mitt romney loves it. who does it help? not you. do you have a tax shelter in panama welcome unless you're a giant multimillion international corporation, i doubt it. he's not done yet. he'll talk about his tax plan. gee, i wonder who this helps. >> i'll bring down the corporate tax rate from 35% to 25%. and individual tax rate, 20% across the board. >> cenk: once again that would...
WHUT (Howard University Television)
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Jul 11, 2012
07/12
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the presence of the panama, swiss, and bahama entities does raise red flags and is profoundly wearing. >> nick shaxson, thank you for being with the spread his latest article about ronnie's fortune is called, "where the money lives." he is also author of the book, "treasure islands: uncovering the damage of offshore banking and tax havens." you can go to democracynow.org to see our interview with him about this, joining us from switzerland. when we come back, we're going to look at the secretive organization called alec and now more and more corporations are leaving edge. then we will have a debate on a new israel government report that says the settlements are legal. stay with us. ♪ [music break] >> this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman with nermeen shaikh. 07/11/12 07/11/12 this summer, americans can cut their grass with the john deere mower, drink a cold miller high life beer, and buy sunscreen from cvs without fear that their consumer dollars will be used to fund policies like voter suppression and climate change denial. those thre
the presence of the panama, swiss, and bahama entities does raise red flags and is profoundly wearing. >> nick shaxson, thank you for being with the spread his latest article about ronnie's fortune is called, "where the money lives." he is also author of the book, "treasure islands: uncovering the damage of offshore banking and tax havens." you can go to democracynow.org to see our interview with him about this, joining us from switzerland. when we come back, we're...
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Jul 31, 2012
07/12
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came on and work on my show, and even before that he was the chief salesman for jimmy carter for the panama canal treaty. you are talking about guts there. >> and it takes a lot of them, pat. and believe me, it does. >> also following you around when you were running for president was a dangerous thing to do but i did it anyway. >> but if i paid a dollar for "news ""i would put out a headline president cry baby because he can't take responsibility. he got everything he wanted passed and he blames everybody. why doesn't he take responsibility? >> have you ever known a president that doesn't blame the congress for what they don't get put through? and what are they doing? >> he didn't need the republican congress. >> let me ask bob the question. the news week, where they come from and rest of it, would they dare say barack obama, he has been a wimp, maybe they reached too far and do all these things like they did to george h.w. bush and like they are doing to romney. the left is being a caricature of itself. all the rotten comments and all the rest of it, i think they democrat their own credib
came on and work on my show, and even before that he was the chief salesman for jimmy carter for the panama canal treaty. you are talking about guts there. >> and it takes a lot of them, pat. and believe me, it does. >> also following you around when you were running for president was a dangerous thing to do but i did it anyway. >> but if i paid a dollar for "news ""i would put out a headline president cry baby because he can't take responsibility. he got...
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Jul 5, 2012
07/12
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>> it's a small city at the end of panama canal and the other end is panama city and the other one is the heart of panama and the heart of latin america and it's a country, you know, that was battling against a dictator, brian, i mean, battling against the likes of, you know, castro and hugo chavez. and what i learned from my trip was, you know, united states is being pressured to accept castro, chavez and other dictators like characters in the summit of americas and here's an opportunity, i think, for the u.s. in terms of its policy to say we are not going to embrace dictators because they have consequence on real people like me and on my life, brian. >> and also the president did say, issued this agreement when he said we should talk to our enemies. he hasn't really. that's what he did talk about. why was it important to see where your dad came from? >> i think for me, it really gave me a chance to see first hand how far my father has come. you know, it was amazing to me when we went to a church where he was baptized and they had their gold cross stolen, the kind of desperateness of
>> it's a small city at the end of panama canal and the other end is panama city and the other one is the heart of panama and the heart of latin america and it's a country, you know, that was battling against a dictator, brian, i mean, battling against the likes of, you know, castro and hugo chavez. and what i learned from my trip was, you know, united states is being pressured to accept castro, chavez and other dictators like characters in the summit of americas and here's an...
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Jul 31, 2012
07/12
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we've picked up up to 3 to 5 inches of rain from birmingham down to panama city, florida. more rain falling now, severe thunderstorm watches in effect. you can look at those ranges training down. rainfall amounts over the next 24 hour, we're looking at another 3 to 5 inches locally, some areas picking up 1 to 2 inches. flooding is a big problem right now throughout much of central alabama. >> good morning. today will be like yesterday. a mixture of sun and clouds. we will see a few scattered showers. >>> and that's your latest weather. savannah? >>> al, thanks. much more from london's olympic park just ahead, including ryan lochte's personal cheering section. we're going to talk to his mother and siblings. >>> just ahead -- members of the u.s. men's gymnastics team will open up about a dramatic but what would have to be considered disappointing night for them here in london. they started out the evening in first place, ended up in fifth. we're going to talk to them, find out what they think might have gone wrong. >> we'll ask them and see how they're feeling about their in
we've picked up up to 3 to 5 inches of rain from birmingham down to panama city, florida. more rain falling now, severe thunderstorm watches in effect. you can look at those ranges training down. rainfall amounts over the next 24 hour, we're looking at another 3 to 5 inches locally, some areas picking up 1 to 2 inches. flooding is a big problem right now throughout much of central alabama. >> good morning. today will be like yesterday. a mixture of sun and clouds. we will see a few...
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Jul 9, 2012
07/12
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we also see it in panama and other places. it derives cash transfer to lower -- what is exciting is it is looking at the absolute poorest of the ports of the people who don't normally access services, people he may not even be registered for government services is providing a end incentive for the government to go out and identify those individuals and to identify them in creative ways that perhaps go beyond the traditional mechanisms for traditional cash transfer which includes health care are going to go to the doctor on a regular basis and if your children go to school, you may receive some food subsidies and there has been some discussion even particularly with indigenous communities, traditional communities as to how do you treat that basket of goods to make sure it's culturally appropriate so you are buying more local food products so that you are looking at -- you are not changing communities diets or their principles. one of the main areas -- so that is an example of public aid. and public aid for the u.s. and latin am
we also see it in panama and other places. it derives cash transfer to lower -- what is exciting is it is looking at the absolute poorest of the ports of the people who don't normally access services, people he may not even be registered for government services is providing a end incentive for the government to go out and identify those individuals and to identify them in creative ways that perhaps go beyond the traditional mechanisms for traditional cash transfer which includes health care are...
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Jul 19, 2012
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most financial investors money came from corporations registered in panama, then one of the world's most secretive business jurisdictions, offering a confidentiality intense advantages. previously unreleased details and other public records -- bain capital was emeshed in the largely opaque world of international high finance from its inception. romney faces increasing criticism for his own involvement in exotic offshore investment funds. that is front page of the chicago tribune this morning. and the lead story in the miami herald is -- in congress, few released their congress. nancy pelosi was an phatic. mitt romney the's to release more than two years of his tax return, it makes him unfit to win confirmation as a member of the president's cabinet, let alone hold the high office himself. harry reid went further. his refusal to make public tax record makes him unfit to be a dogcatcher. they do not think that standard of transparency should apply to them. the democratic leaders of the senate and house are among hundreds of senators and representatives from both parties who refused to rele
most financial investors money came from corporations registered in panama, then one of the world's most secretive business jurisdictions, offering a confidentiality intense advantages. previously unreleased details and other public records -- bain capital was emeshed in the largely opaque world of international high finance from its inception. romney faces increasing criticism for his own involvement in exotic offshore investment funds. that is front page of the chicago tribune this morning....
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Jul 13, 2012
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sh, was at a panama city event where theather introduced john, i believet wa and hwas teang up u alys hea t eressn th chacter ihatou'r ing en nody i loing. th t bues,hereas o partular ri, thi it s in pana ty, but when the bush boys got in the back of the president's limo and they were talking, a every time -- y can'be alo wh jeb bh f fi mines wre heoesn brg uphereatt m hs ev know an the h srts tking abo his dad. they would veer him away from thecree ey w ey rere m wh noby is loing,nd wt bter judgnt o a manhahatis ki hav tsay aboim when nobody is looking. >> that's absolutely true. in fact, the grandchildren do as well, and what's really interesting is bbara bus say at t fami, becsef th poticali, t famy w awn csergeth. well, tre a twothgs, joe. you' ectlyrit. one is he was -- president bush was known as half-half when he was a kid because he would always- if he had a desst, he wld s havalf wit oeve hwas th. an he alwsaid h gates hievents his ks sll come home. >> yeah. that's a big one. >> your piece says family matters, and that's a huge part. >> what was really teresting, the day we w
sh, was at a panama city event where theather introduced john, i believet wa and hwas teang up u alys hea t eressn th chacter ihatou'r ing en nody i loing. th t bues,hereas o partular ri, thi it s in pana ty, but when the bush boys got in the back of the president's limo and they were talking, a every time -- y can'be alo wh jeb bh f fi mines wre heoesn brg uphereatt m hs ev know an the h srts tking abo his dad. they would veer him away from thecree ey w ey rere m wh noby is loing,nd wt bter...
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Jul 31, 2012
07/12
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WRC
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rain in the last several hours and we picked up three to five inches of rain from birmingham down to panama city, florida. more rain falling now, we have severe thunderstorm watches in effect. you can look at that rain just training down and rainfall amounts over the next 24 hours, another three to five inches locally and some areas picking up, generally, one to two inches and flooding is a big problem now throughout much of central alabama. that's what's going on around the country, here's what's happening in your neck of the woods. >> good morning, tom kierein storm center 4. low 70s around the metro area and mostly cloudy and storm 4 radar showing a couple showers and heavier downpours in the lower eastern shore. may get some of those later this morning, but a greater chance this afternoon and this evening along with some thunder and lightning, some downpours quite heavy. highs reaching the mid-80s. those may continue off and on late tonight into early tomorrow morning. highs low 90s. over the weekend, could get >>> and that's your latest weather. savannah? >>> al, thanks. much more from
rain in the last several hours and we picked up three to five inches of rain from birmingham down to panama city, florida. more rain falling now, we have severe thunderstorm watches in effect. you can look at that rain just training down and rainfall amounts over the next 24 hours, another three to five inches locally and some areas picking up, generally, one to two inches and flooding is a big problem now throughout much of central alabama. that's what's going on around the country, here's...
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Jul 22, 2012
07/12
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>> i can go back to the invasion of panama in 1989 and worked for. we realize that just having a military battle you had one was not the end of the game. perhaps we should have done at the beginning to avoid that battle in the first time -- place or, having won the battle, how do we preserve the peace? >> you have to be careful when we talk about these terms such as smart power or heart power or soft power. i'm reminded of a conversation i had with the former archbishop of canterbury in 2003. you might have been there. it was on the eve of the second gulf war. the archbishops stood up and said, general powell, why don't we just use soft power? it was a critique of what we were getting ready to do. the answer i gave him was that it was not soft power that rescue britain from hitler. it was part power. you had to have all of it. when we won with hard power in world war ii, we use soft power in germany and asia to create democracies. the importance of this coalition, what makes what we are doing tonight so important, is that we understand that we need i
>> i can go back to the invasion of panama in 1989 and worked for. we realize that just having a military battle you had one was not the end of the game. perhaps we should have done at the beginning to avoid that battle in the first time -- place or, having won the battle, how do we preserve the peace? >> you have to be careful when we talk about these terms such as smart power or heart power or soft power. i'm reminded of a conversation i had with the former archbishop of...